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Page créée avec « The First Time Home Buyer Incentive reduces monthly costs through shared CMHC equity and no repayment. Variable-rate mortgages are less costly initially but leave borrowers vulnerable to rising rates over time. The First-Time Home Buyer Incentive allows for only a 5% advance payment without increasing taxpayer risk. Mortgage loan insurance protects the financial institution while still allowing low first payment for eligible borrowers. The CMHC offers qualified f... »